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dot-com bubble
(redirected from Internet boom)

   Also found in: Wikipedia 0.01 sec.
dot-com bubble
Refers to the late 1990s during which countless Internet companies were riding an enormous wave of enthusiasm that pushed their stock valuations into the stratosphere even though they never made a penny. Billions in venture capital were given to entrepreneurs with little or no experience to fund ideas that were ludicrous. It was a crazy time, and people were very excited. With all of the nonsense, many dot-coms did survive, and countless concepts and techniques were developed that continue today. Compared to other industries, one must keep in mind that the Internet is still in its infancy! See dot-com and New Economy.


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Technology is a great tool to meeting new people, but is it the best way to enter into a relationship Before the great internet boom, singles had to resort to meeting other singles face-to-face, but these days, at least half of all singles meet someone online, through e-mails, twitter posts and facebook updates Technology is a great tool to meeting new people, but is it the best way to enter into a relationship?
Great companies that have emerged since the Internet boom of the late 1990s understand this well and build into their plan plenty of feedback channels, including purchase follow-up e-mails as well as online satisfaction surveys, customer comments and advisory panels.
Enron's spectacular collapse in 2001, then the largest corporate bankruptcy in history with more than 40 billion dollars in outstanding debt, came to epitomize corporate greed in the heady days of the Internet boom.
 
 
 
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